SMITH,MICHAEL-BOST AND JOHNSON,TIM. 40 ILCS 5/4-109.1 from Ch. 108 1/2, par. 4-109.1 30 ILCS 805/8.23 new Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides for calculation of the initial automatic annual increase in retirement pension on a monthly (rather than annual) basis. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability $ 3.9 million Increase in total annual cost (0.11% of payroll) $381,000 99-01-28 H FILED WITH CLERK 99-01-28 H ADDED AS A JOINT SPONSOR BOST 99-02-02 H FIRST READING 99-02-02 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-03 H ASSIGNED TO COMMITTEE PERS PENSION 99-03-01 H ADDED AS A CO-SPONSOR JOHNSON,TIM 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-09 H PENSION NOTE FILED 99-03-09 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary